BlackRock·2026-06-23·via All Articles on Seeking Alpha
Summary
BlackRock High Yield Fund posted returns of -0.48% (Institutional shares) and -0.56% (Investor A shares, without sales charge) for the first quarter of 2026.
Positive performance was driven by security selection in the wirelines, media & entertainment, and packaging sectors, while selection in the technology sector was a significant detractor.
The fund retained an underweight holding in BB rated securities, preferring to seek incremental yield in select B and higher-quality CCC rated credit.
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Commentary as of 03/31/26
The fund posted returns of -0.48% (Institutional shares) and -0.56% (Investor A shares, without sales charge) for the first quarter of 2026.
Positive performance was driven by security selection in the